picoreteam

As of February 26, 2026, Pi Network (PI) is not listed for trading on Binance. While the Pi Network successfully launched its Open Mainnet on February 20, 2025, major exchanges like Binance and Coinbase have not yet confirmed any official plans to list the token.
Binance
Binance
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Current Listing Status
Binance: Not listed for spot or futures trading. Binance currently only provides a price tracking and information page for reference.
Other Exchanges: PI is actively traded on several other platforms, including OKX, Bitget, MEXC, Bybit, and HTX.
Kraken: As of February 2026, Kraken has added PI to its 2026 listing roadmap and currently offers perpetual futures contracts.
Binance
Binance
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PI Market Performance (February 26, 2026)
Following its 2025 launch, the PI token has experienced significant volatility. It reached an all-time high of $2.99 shortly after launch but has since seen a substantial decline.
Zipmex
Zipmex
Metric Value (USD) Source
Live Price $0.1697
24h Change +3.15%
Market Cap $1.58 Billion
Circulating Supply 9.30 Billion PI
All-Time Low $0.1312 (Feb 11, 2026)
Key Developments in 2026
Protocol Upgrade: The network is currently undergoing a mandatory upgrade from Protocol 19 to Protocol 23 to align with Stellar Consensus improvements, with full rollout targeted for Q2 2026.
Validator Rewards: On-chain compensation for node operators and validators is expected to deploy by March 31, 2026.
User Migration: Approximately 16 million users have successfully migrated to the mainnet as of February 2026.
Zipmex
Zipmex
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Why is Binance Delaying the Listing?
Industry analysts point to several factors preventing a Binance listing:
Lack of Transparency: Concerns remain regarding the project's open-source code and tokenomics.
Security Audits: Pi Network has reportedly not yet completed third-party security audits, which are a standard requirement for major exchanges.
Regulatory Compliance: Ongoing scrutiny in various regions, particularly China, may cause exchanges to proceed with caution
Pi Whitepaper
The December 2021 Whitepaper chapters “Token Model and Mining” and “Roadmap” were released as an addendum to the original 2019 Whitepaper, with new information on Mainnet. The original March 2019 Whitepaper may need updates to its content, so please refer to the latest Pi Network communications for up-to-date information. Both Whitepapers are subject to change based on data collected during the Enclosed Network period of Mainnet. The MiCA Whitepaper can be found here: MiCA Whitepaper (PI).

Original March 2019
December 2021
Whitepaper: March 2019 Original
Preface
As the world becomes increasingly digital, cryptocurrency is a next natural step in the evolution of money. Pi is the first digital currency for everyday people, representing a major step forward in the adoption of cryptocurrency worldwide.

Our Mission: Build a cryptocurrency and smart contracts platform secured and operated by everyday people.

Our Vision: Build the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi, the world’s most widely used cryptocurrency.

DISCLAIMER for more advanced readers: Because Pi’s mission is to be inclusive as possible, we’re going to take this opportunity to introduce our blockchain newbies to the rabbit hole 🙂

Introduction: Why cryptocurrencies matter
Currently, our everyday financial transactions rely upon a trusted third party to maintain a record of transactions. For example, when you do a bank transaction, the banking system keeps a record & guarantees that the transaction is safe & reliable. Likewise, when Cindy transfers $5 to Steve using PayPal, PayPal maintains a central record of $5 dollars debited from Cindy’s account and $5 credited to Steve’s. Intermediaries like banks, PayPal, and other members of the current economic system play an important role in regulating the world’s financial transactions.

However, the role of these trusted intermediaries also has limitations:

Unfair value capture. These intermediaries amass billions of dollars in wealth creation (PayPal market cap is ~$130B), but pass virtually nothing onto their customers – the everyday people on the ground, whose money drives a meaningful proportion of the global economy. More and more people are falling behind.
Fees. Banks and companies charge large fees for facilitating transactions. These fees often disproportionately impact lower-income populations who have the fewest alternatives.
Censorship. If a particularly trusted intermediary decides that you should not be able to move your money, it can place restrictions on the movement of your money.
Permissioned. The trusted intermediary serves as a gatekeeper who can arbitrarily prevent anybody from being part of the network.
Pseudonymous. At a time when the issue of privacy is gaining greater urgency, these powerful gatekeepers can accidentally disclose — or force you to disclose — more financial information about yourself than you may want.
Bitcoin’s “peer-to-peer electronic cash system,” launched in 2009 by an anonymous programmer (or group) Satoshi Nakamoto, was a watershed moment for the freedom of money. For the first time in history, people could securely exchange value, without requiring a third party or trusted intermediary. Paying in Bitcoin meant that people like Steve and Cindy could pay each other directly, bypassing institutional fees, obstructions, and intrusions. Bitcoin was truly a currency without boundaries, powering and connecting a new global economy.

Introduction To Distributed Ledgers
Bitcoin achieved this historical feat by using a distributed record. While the current financial system relies on the traditional central record of truth, the Bitcoin record is maintained by a distributed community of “validators,” who access and update this public ledger. Imagine the Bitcoin protocol as a globally shared “Google Sheet” that contains a record of transactions, validated and maintained by this distributed community.

The breakthrough of Bitcoin (and general blockchain technology) is that, even though the record is maintained by a community, the technology enables them to always reach consensus on truthful transactions, insuring that cheaters cannot record false transactions or overtake the system. This technological advancement allows for the removal of the centralized intermediary, without compromising transactional financial security.

Benefits Of Distributed Ledgers
In addition to decentralization, bitcoin, or cryptocurrencies in general, share a few nice properties that make money smarter and safer, although different cryptocurrencies may be stronger in some properties and weaker in others, based on different implementations of their protocols. Cryptocurrencies are held in cryptographic wallets identified by a publicly accessible address, and is secured by a very strong privately held password, called the private key. This private key cryptographically signs transactions and is virtually impossible to create fraudulent signatures. This provides security and unseizability. Unlike traditional bank accounts that can be seized by government authorities, the cryptocurrency in your wallet can never be taken away by anyone without your private key. Cryptocurrencies are censorship-resistant due to the decentralized nature because anyone can submit transactions to any computer in the network to get recorded and validated. Cryptocurrency transactions are immutable because each block of transactions represents a cryptographic proof (a hash) of all the previous blocks that existed before that. Once someone sends you money, they cannot steal back their payment to you (i.e., no bouncing checks in blockchain). Some of the cryptocurrencies can even support atomic transactions. “Smart contracts” built atop these cryptocurrencies do not merely rely on law for enforcement, but directly enforced through publicly auditable code, which make them trustless and can potentially get rid of middlemen in many businesses, e.g. Escrow for real estate.

#STBinancePreTGE #JaneStreet10AMDump

— meaning widely used for everyday transactions, accepted by merchants, integrated into apps/services, and recognized beyond crypto enthusiasts — but it's still in a transitional phase as of February 2026. The project launched its Open Network period of Mainnet in February 2025, which enabled real peer-to-peer transfers and external connectivity, but adoption has been slow and the price has dropped sharply (over 90% from early 2025 highs in many reports, trading around $0.13–$0.37 recently depending on sources).
Here are the realistic paths and key requirements for Pi to achieve true mainstream status:
1. Deliver real, everyday utility (the most critical factor)
Mainstream success requires Pi being used for practical things people do daily: buying coffee, paying bills, in-app purchases, remittances, local commerce, etc.
- Current progress: Pi Payments are going live/expanding in the Open Network era, with easier integration for developers (e.g., Pi App Studio updates in 2026 allow quick payment features in apps). Partnerships like with CiDi Games (Pi as in-game currency, testing Q1 2026) show early steps.
- Needed next: A surge in dApps, merchant adoption (especially in developing markets where mobile mining started strong), and organic peer-to-peer volume that isn't just speculation.
2. Complete and scale user migration + KYC
Tens of millions signed up, but only ~15–17 million KYC-verified users migrated to Mainnet by late 2025/early 2026. Bottlenecks in migration, KYC (now using palm print + AI), and node upgrades (mandatory versions like v19.6, v20+ in 2026) slow things down.
→ Faster onboarding of the remaining Pioneers and making wallets usable for non-tech people is essential.
3. Smart contracts and ecosystem growth (2026 upgrades)
The shift to Stellar protocol version 23 (smart contracts) is expected to unlock DeFi, NFTs, more complex apps, etc. This could dramatically expand use cases if developers build actively.
Open-sourcing parts of the node/blockchain in 2026 increases transparency and could attract more builders.
4. Broader exchange listings + liquidity
Pi is on some platforms, but major ones (Binance, Coinbase, etc.) would bring visibility, easier on/off-ramps, and institutional interest. Some speculation exists about future listings, but nothing confirmed yet.
Without deep liquidity, volatility stays high and mainstream users stay away.
5. Regulatory clarity and merchant/institutional buy-in
Compliance (AML, etc.) and clear rules in major markets would help. If Pi positions as a payment/utility token rather than pure speculation, it could gain traction in regions with high mobile penetration but low banking access.
Realistic outlook for mainstream in the near term
- 2026 is make-or-break: Many analysts call it a pivotal year — smart contract rollout + big token unlocks (~1.2B PI) + utility build-out will decide if it rebounds or fades. Price forecasts range from staying low ($0.2–$0.5) to optimistic jumps if adoption kicks in.
- Massive community (tens of millions) is a huge advantage over most projects, but converting miners → active users has been the weak link so far.
- True mainstream (think Venmo/PayPal level or even stablecoin-like usage) likely requires years of consistent execution, not months.
In short: Pi can go mainstream if it shifts from "mobile mining hype" to "usable payment + app ecosystem" — the infrastructure is maturing in 2026, but real traction depends on developers, merchants, and users actually choosing Pi over existing options (USDT, local apps, cards). The foundation exists; execution will decide. Stay updated via official Pi channels for the latest on migrations, upgrades, and app growth.

#PiCoreTeam #PiNetworkMainnet